Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Nike Reports Continued Channel Shift From D2C to Wholesale
Nike Reports Continued Channel Shift From D2C to Wholesale
June 27, 2024  |  Retail

Nike continued its shift from direct-to-consumer (D2C) to wholesale channels over the past three months. During the quarter ended May 31, the footwear, apparel and...

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Walgreens Considers Closing 25% of Stores Amid Consumer Price Sensitivity
Walgreens Considers Closing 25% of Stores Amid Consumer Price Sensitivity
June 27, 2024  |  Earnings

Challenges in the retail environment and the pharmacy industry have led Walgreens Boots Alliance to consider closing as many as 25% of its U.S. retail...

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AI Surge Drives Tech Industry Growth for Micron, Alibaba and Perplexity
AI Surge Drives Tech Industry Growth for Micron, Alibaba and Perplexity
June 27, 2024  |  artificial intelligence

The artificial intelligence (AI) boom is reshaping the tech landscape, with industry giants and startups reporting significant gains and attracting major investments. Memory chip maker...

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eCommerce Leads Levi’s D2C Growth as Online Shoppers Splurge
eCommerce Leads Levi’s D2C Growth as Online Shoppers Splurge
June 26, 2024  |  Earnings

Levi Strauss & Co. is seeing its digital channels drive direct-to-consumer (D2C) growth, with eCommerce customers proving willing to pay full price and to spring...

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FedEx Adds Data-Driven Solutions as Volume Continues to Stabilize
FedEx Adds Data-Driven Solutions as Volume Continues to Stabilize
June 25, 2024  |  Delivery

FedEx saw its volume continue to stabilize during the quarter ending May 31 after experiencing year-over-year declines. In May, its FedEx Express U.S. domestic package...

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Walmart CFO: Current Quarter’s Comparable Sales Growth Will Be Weaker
Walmart CFO: Current Quarter’s Comparable Sales Growth Will Be Weaker
June 25, 2024  |  Walmart

Walmart’s sales in the current quarter won’t be as strong as they were in the previous quarter, Walmart Chief Financial Officer John Rainey reportedly said...

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CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
June 21, 2024  |  Earnings

The majority of consumers now seek out both digital and physical channels in their car buying journey, according to CarMax, and this omnichannel adoption continues...

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Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
June 20, 2024  |  Earnings

With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key...

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Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
June 13, 2024  |  Retail

As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying...

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